STEVENS POINT, Wis. & SEATTLE--(BUSINESS WIRE)--Berkshire Hathaway Travel Protection (BHTP) has teamed up with VacationGuard, one of the top providers of vacation rental insurance in the industry, to create customized travel insurance products for timeshares, travel clubs, resorts and vacationers. These travel insurance products can help protect property owners and vacation renters from trip cancellation, delays, injuries and accidental damage to rental units.
“We are excited to be able to work with VacationGuard to extend our cutting-edge travel protection to their customers,” said Dean Sivley, president of BHTP. “The expertise and innovation they’ve brought to the market is a perfect match for our organization and reinforces our commitment to continually advancing insurance for all travelers.”
VacationGuard was one of the pioneers of developing benefits and plan designs for vacation rental insurance more than 20 years ago. The ability to align with BHTP allows VacationGuard to offer new technologies and innovative products, backed by the security of one of the biggest brands in travel insurance.
“We’ve always sought a vertically integrated carrier with world-class services, and BHTP has proven themselves to be leaders in embracing innovation, technology, and a culture that will protect the brand-sensitive companies we work with,” said Brian Rock, Vice President of VacationGuard. “We are very excited for the long-term stability and innovations this will bring to our program. This further illustrates we will deliver peace-of-mind to our plan holders and business clients.”
BHTP travel insurance products for VacationGuard have been approved in 45 jurisdictions, with filings pending in Massachusetts, New York, Virginia, Colorado, Oregon and Washington. These products will be written on the paper of Berkshire Hathaway Specialty Insurance Company or National Liability & Fire Insurance Company (as applicable), both members of Berkshire Hathaway's National Indemnity group of insurance companies, which hold financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's.
About Berkshire Hathaway Travel Protection
Berkshire Hathaway Travel Protection is the marketing name for the travel protection and services of Berkshire Hathaway Specialty Concierge, LLC, a subsidiary of Berkshire Hathaway Specialty Insurance Company, part of the National Indemnity group of insurance companies. Berkshire Hathaway Specialty Concierge, LLC provides personal and emergency assistance services and liability-protection products to customers. Our hallmarks are a dedication to the highest levels of customer service, family-centric work environment, and commitment to individual growth and abilities. We truly believe our direction is guided by our values. Visit bhtp.com for more information.
About VacationGuard
VacationGuard Inc. is a Seattle-based insurance broker that pioneered timeshare travel insurance on the web more than a decade ago. Its executive team has more than 75 years of experience developing and managing products and risk in the hospitality, travel and tourism industries, for entities like timeshare developers and operators, travel clubs, resorts, hoteliers and more. For more information, visit www.VacationGuard.com.
